The tech-heavy Nasdaq was up more than 3 per cent. The ARK Innovation ETF was up 6 per cent, and is now up 50 per cent in a bit over a month. This depresses the risk premium on speculative stocks. If I was asked to summarise the reports from Apple, Alphabet, and Amazon in a single word, it might be “sober”. Read More...
The tech-heavy Nasdaq was up more than 3 per cent. The ARK Innovation ETF was up 6 per cent, and is now up 50 per cent in a bit over a month. This depresses the risk premium on speculative stocks. If I was asked to summarise the reports from Apple, Alphabet, and Amazon in a single word, it might be “sober”.
